RMIT University
Master of Professional Accounting
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 24 months
- Course Type: Master's
Designed primarily for students from non-accounting backgrounds who want to develop an understanding of the technical and social dimensions of accounting and business.
Course overview
The Master of Professional Accounting course combines core accounting studies with authentic learning experiences delivered through industry-informed, work-integrated learning subjects and global study tours. This experience provides you with opportunities to solve accounting problems in diverse contexts, critically applying your knowledge and skills while considering social, ethical, economic, regulatory and global perspectives.
You’ll also learn valuable professional skills, such as the ability to justify and communicate accounting advice to different audiences and how to apply research methods to design innovative solutions to problems in contemporary business practice.
The course is suited to current workers who have progressed into a role that requires accounting knowledge, as well as people contemplating a career in accounting for the first time.
CSP Subsidised Fees Available
This program has a limited quota of Commonwealth Supported Places (CSP). The indicative CSP price is calculated based on first year fees for EFT. The actual fee may vary if there are choices in electives or majors.
Key facts
July, 2026
What you will study
To earn the Master of Professional Accounting, students must complete a total of 192 credit points. Unless otherwise indicated, each course is worth 12 credit points.
Core courses
Complete the following courses:
- Accounting, Accountability and Society
- Business and Corporations Law
- Financial Decision Making
- Visualising and Communicating Insights in Business
- Corporate Accounting
- Business Research Design
- Quantitative Methods for Economic Analysis
- Strategic Management Control Systems
Entry requirements
Two-year duration
- Applicants must have an Australian bachelor's degree (or equivalent), or higher-level qualification, in any discipline from a recognised tertiary institution.
1.5-year duration (with advanced standing)
Applicants must have one of the following:
- An Australian bachelor's degree (or equivalent), or higher-level qualification, in a business or related discipline from a recognised tertiary institution.
- An Australian bachelor's degree (or equivalent), or higher-level qualification, from a recognised tertiary institution in any discipline, plus a minimum of two years of relevant work experience.
- RMIT's Graduate Certificate in Professional Accounting.
Notes:
- You do not need to make a separate application for advanced standing (1.5-year duration). RMIT will assess your eligibility for advanced standing as part of your course application. However, if you would also like to be assessed for Recognition of Prior Learning, you must submit a detailed CV with your application. All assessments are made on a case-by-case basis.
- If your qualification was completed more than 10 years ago, you will need to provide evidence of ongoing professional work and/or professional development in the same discipline as the program for which you are seeking entry.
English language requirements
You must meet the University's minimum English language requirements to be eligible for a place in this program. Contact the university for more information.
Recognition of Prior Learning
Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience.
Credit and exemptions will be assessed in a manner consistent with the principles of the RMIT Credit Policy.
Contact the university for more information.
Outcomes
Upon successful completion of this program, you will be able to :
- Demonstrate a broad, critical and practical understanding of contemporary issues and practices in business.
- Integrate theoretical and technical accounting knowledge which includes a selection of auditing and assurance, finance, economics, quantitative methods, information systems, commercial law, corporation law and taxation law.
- Exercise judgment under supervision to solve routine and complex accounting problems in a number of diverse contexts using social, ethical, economic, regulatory and global perspectives.
- Critically apply theoretical and technical accounting knowledge and skills to solve routine and complex accounting problems in a number of diverse contexts.
- Justify and communicate accounting advice and ideas in a number of diverse collaborative contexts involving both accountants and non-accountants.
- Seek constructive feedback and reflect on performance to identify and action learning opportunities and self-improvements and initiate this process for others.
- Apply and integrate professional theory with practice in authentic Work Integrated Learning (WIL) contexts, professional contexts and industry settings.
- Apply research principles and methods to design innovative options and solutions for and make reasoned judgements about, problems and issues in contemporary business practice.
Fees and CSP
Estimated fee in 2026: From $4,738 to $17,399 (Commonwealth Supported Place)
Indicative annual fee in 2026: $35,520 (domestic full-fee paying place)
Additional expenses:
- Student services and amenities fee (SSAF): $365 maximum fee for 2026.
- Other items related to your program include field trips, textbooks and equipment.
The amounts quoted are indicative fees per annum and are based on a standard year of full-time study (96 credit points). A proportionate fee applies for more or less than the full-time study load. Fees are adjusted on an annual basis. These fees should only be used as a guide.
A student’s fee may vary depending on:
- The number of courses studied per term.
- The choice of major or specialisation.
- Choice of courses.
- Credit from previous study or work experience.
- Eligibility for government-funded loans.
Commonwealth Supported Places
The Australian Government allocates a certain number of CSPs to the universities each year, which are then distributed to students based on merit.
If you're a Commonwealth Supported Student (CSS), you'll only need to pay a portion of your tuition fees. This is known as the student contribution amount – the balance once the government subsidy is applied. This means your costs are much lower.
Limited CSP spaces are offered to students enrolled in selected postgraduate courses.
Your student contribution amount is:
- Calculated per unit you're enrolled in.
- Dependent on the study areas they relate to.
- Reviewed and adjusted each year.
HECS-HELP loans are available to CSP students to pay the student contribution amount.
FEE-HELP loans are available to assist eligible full-fee paying domestic students.